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thanks for staying with us. there is a growing international focus on nancy pelosi's big trip to asia after warnings from the white house and the pentagon against her going to taiwan, a major red flag for china's leaders, who have again today threatened potential military action. here at home communities throughout kentucky still underwater at this hour. at least 30 people are dead as catastrophic flooding, continuing rain, high temperatures and another wave of storms hampering the desperate search for survivors. jon stewart is back in washington rallying against senate republicans...

now. president biden was wrong back in december when he predicted that inflation was at its peak and said this. >> i think you'll see it change sooner than -- quicker, more rapidly than it will take than most people think. >> leader mcconnell is standing by. first, gene sperling. good to have you with used too. the question that comes up again and again is that the messages that we received from all left fields of the white house and treasury have been wrong. so how did you get this so wrong? >> well, martha, the white house and the treasury department were saying last year and i can...

what a crazy day in the markets and for the economy. just when we thought the inflation news couldn't get worse, it did. a sign of what is coming. wholesale inflation that makes you think wait a minute. the retail inflation that is bad could get worse. susan li with more. >> the dow down sharply this morning after the near record high inflation numbers for producers. wholesale prices coming at 11% higher than last year. you couple that with the steepest consumer price increase and 41 years. we know that americans and companies are paying a lot more for their goods these days. meantim...

the illegal server taking the fifth, i think it's disgraceful. have you seen what is going on in front of congress? fifth amendment, fifth amendment, fifth amendment. horrible. horrible! >> the lawyers are deposing trump in a civil investigation by the new york attorney general. she's looking into the donald trump organization's allegedly misleading of lenders and insurers and tax authorities by providing inaccurate financial statements. add this to the list of legal troubles facing the former president. including a probe of documents. monday's search has his supporters urging him to...

>> i just want what's best for my kids. one's not ever going to turn eleven. >> reporter: catastrophic flash flooding hit southwest virginia, dozens reported missing and more than 100 homes have been destroyed, we'll have the latest. president biden visits the middle east. as the president arrives in israel today, how dealing with a nuclear iran is at the top of the agenda. shark attack, this long island beach shut down the second time this month, how a surfer fought the tiger shark off. and history at the capitol: honoring a civil rights leader as she becomes the first black america...